Palm Springs, CA 92262,950 E Chuckwalla RD
Palm Springs, CA 92262,950 E Chuckwalla RD
Palm Springs, CA 92262,950 E Chuckwalla RD
25
$532,000
$549,000
3.1%
Est.Price: ?

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0.25 Acres Lot

950 E Chuckwalla RD Palm Springs, CA 92262

Est. payment /mo
SOLD DATE : 12/11/2013

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Key Details

Sold Price $532,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision El Mirador

MLS Listing ID 21479328DA

Year Built 1970

Lot Size 0.253 Acres

Property Description

Four units: all are two-bedroom/two-bath units with patios. Three units (#2,3,4) are similar in size and layout. The fourth larger unit (#1) is detached and separate with it's own private entry and private patio. This larger, private unit might be perfect for the owner-occupy buyer. All units have tile and carpet floors throughout, central air and heat, stoves, dishwashers (except #2) and refrigerators. The roof was redone in 2005. The grounds and pool area are very private with a nice tropical feel. Tenants pay their own electricity. Good, central location. Walking distance to downtown Palm Springs. Units #1 and #2 are currently vacant to accommodate showings. Sellers estimate the building was built in 1970 as tax records do not show a date built (buyer to verify). With the three smaller units rented at $850 a month and the fourth larger unit rented at $1100 a month, the PROJECTED CAP rate would be approximately 6.22%.

Location

State CA

County Riverside

Area 332 - Central Palm Springs

Interior

Heating Central, Electric

Cooling Central Air

Exterior

Pool Gunite, In Ground

View Y/N No

Roof Type Tar/Gravel

Building

Lot Description Level, Rectangular Lot

Story One

Foundation Slab

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Doug Fischer • Coldwell Banker Realty
Bought with Out Side Agent • Out Side Broker Office

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Todd Kingsley

Agent | License ID: 02118744

+1(310) 710-8633

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